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Client has $608,000 in a 401(k) with $82,500 of that amount listed as employee after tax pre-87. The goal is...

On Monday, we posted an article to The Slott Report detailing 3 reasons why you may want to use a Roth IRA instead of a 529 plan to help save for a child’s college education. Since then, we’ve received a fair amount of feedback from readers and follow-up questions, many of which asked if using a Roth IRA to pay for a child's education expenses now would impact their aid in the future. We have the answer.

If you turned age 70 ½ last year in 2014 and have a traditional, SEP or SIMPLE IRA, you must start taking required minimum distributions (RMDs) for that year and every year going forward. When is the required beginning date? IRA Technical Expert Joe Cicchinelli puts you on a deadline you must meet to avoid steep penalties.

Facts: Prospect created ROTH IRA in 2005 and made contributions from 2005 through 2008. In 2009 they transferred this ROTH...

Taxpayer retired doctor makes some consulting income each year. Can he open a SEP-IRA and make a contribution? then can...

For some time now, the cost of a college degree has been rising at perilously high rates, and as a result, the dream of one day going to college, for many, remains just that ... a dream. With college tuition and associated costs rising so dramatically, it’s no surprise that people are looking for new and creative ways to save for these expenses. One such alternative method involves the use of a Roth IRA over more traditional college savings vehicles, such as 529 plans and Coverdell education savings account. Here are three reasons why it may be a good move.

Client’s brokerage account manager sold fund shares in late December in a taxable account. The fund had distributed large capital...

Taxpayer contributed $1,000 in January 2014 to their Roth IRA for tax year 2013. Turns out the contribution was an...

This is not about an IRA but I don’t know who else to ask? Client bought a stock AMR couple...